LimeFx forex broker: LimeFx Reviews Read Customer Service Reviews of www LimeFx.com

The broker offers CFDs, futures, and options, allowing its clients the freedom to exploit different trading opportunities. This flexibility is enhanced by the many in-house and third-party tools available to LimeFx’s clients. The VIP account type is an upgraded version of the Pro account with lower commissions, though traders should keep a minimum balance of at least 50,000 of the underlying base currency. The use of all types of strategies is permitted on all three.

Seychelles Financial Services Authority , the Group of companies serve retail, professional and institutional clients from all over the world. LimeFx is a Group of brokerage firms, offering contracts for difference on Forex, precious metals, stock indices, bonds and cryptocurrencies. Another unique competition is the NFP Machine competition in which clients predict the price of a specific instrument 30 minutes after US non-farm payrolls are released. The prize is $500 for an exact match or $200 for the closest guess.

Is LimeFx a fair Forex Broker?

LimeFx permits scalping as well as news trading and the use of EAs. The welcome bonus of $30 is a legit LimeFx recommendation and needs to be claimed for accepting the offer. LimeFx safe features are regulated by the Financial Conduct Authority FCA of the UK. We work hard to create positive experiences and feedback like this confirms our efforts pay off. We are glad to hear you have had a positive experience trading with us and we are grateful for your feedback.

It has an intuitive and user-friendly interface that provides easy access to the services and charting tools of LimeFx. The user may download the mobile application of LimeFx from the app store of Android, Windows, and iOS and sign in to the user-friendly platform to conduct mobile trading on the go. The mobile application also allows the users to get in touch with the brokers for initial LimeFx advice. The Expert Advisors conduct automated trading by opening and closing deals of high risks at lightning-fast speed and accuracy to rake in rich profit for the users. The platform’s reputed & top forex brokers enable the quickest fast execution of the trading positions at the lowest trading fees and highest liquidity. There is almost never any slippage even if the trader trades in high volumes on a regular basis.

Is LimeFx regulated?

As my idea one of the important options about Forex Brokers is Security and Confidence. LimeFx offers high leverage and low trading costs, so is an ideal broker for scalping. Quality education and market research for beginners are available at both brokers, but LimeFx also provides generous bonuses and caters better to its core market. Moving up, the VIP level lowers the commission to 2 units per round trade, but also requires a balance of $50,000. As mentioned above, LimeFx is regulated in five different jurisdictions. The regulating authority depends on which LimeFx entity is the counterparty for the trader.

In January 2015, the company started providing retail brokerage services. LimeFx’s pricing is competitive when compared to other brokers. The spreads charged on the Classic accounts are higher, but about average for small accounts. Range of instruments and platforms is ideal for newbie traders.

The Meta Trader 4 Platform

Upon making the minimum deposit, the users are enabled to gain access to the low commission brokerage services of $2 for each Round-Turn or $1 for each standard lot. This Account has a similar pricing format even though its minimum deposit requirement is only $100. Trusted broker,stick with tickmil over 3 years , starting with the Welcome Bonus so on with real account . Hopefully this broker successfully and staying for long time in this industrial, easy to deposit and withdrawal experience. Seriousness, competence, honesty, customer service, quick withdrawals and one of the lowest spreads on the market.

There is no deposit fee to be paid, although one may be ‘to make a payment for international bank transfers. The funds deposited in the platform are protected by the tier-1 financial institutions of Europe. The execution of trading positions is very fast, and as such, the trading https://limefx.group/ accounts lose money nominally. Lowest trading fees of trading in comparison to other brokerage companies that compensate when the accounts lose money. One needs to meet the payment of only $1 for each trading lot that stands at $2 for each complete trading session.

Businesses

Additionally, the VIP Account allows the traders to place limit orders and market orders when the prices of the assets are favorable. In the Classic Account, the trader has to pay the low spread cost that gets added to the normal trade cost of the asset. This implies that the trading position shall be duly opened, but the trade execution shall be poor and hardly profitable.

The brokerage offers a free-to-use, risk-free demo account, which gives traders a taste of what’s on offer. When stepping up to trading with real cash there are three varieties of trading account. Each is accessed through the same LimeFx login portal but offer slightly different T&Cs. By offering traders the choice of MetaTrader’s MT4 and MT5 platforms LimeFx provides access to the most popular retail forex platforms in the world. MT4 been used by millions of traders for many years and is very much the benchmark by which other platforms are measured. MT5 is the second-generation version of the platform and introduces a range of innovative features and markets.

• If your account’s base currency is, for instance, USD, you will be charged $2 for opening a trade worth 100,000 units of the underlying.
• However, the two types of accounts that are preferred by the traders include VIP and Pro Accounts.
• Despite this lack of variety, however, more than 80% of traders use either one of the three options.
• LimeFx’s recorded swap rates are also low-to-medium compared to the rest of the industry.
• To complete the account verification process, the trader must upload their government-issued identity and address proof documents to the broker.
• The regulated entities of LimeFx Group hold the client funds in segregated bank accounts with top international banks.

The cashback can be then withdrawn with the available options in the withdrawal page. Once completed the log-in details for the MT4 platform, which are different from those used to access the LimeFx site itself, are sent via email. This email was sent instantly so there was no delay in getting access to MT4 to try out trading.

Broker Services

If check LimeFx.com in Alexa.com, you can see that most of its rank is in Russian, Ukraine,Indonesia,Malaysia, and United Arab Emirates. LimeFx also have FSA Regulation that means LimeFx have Strong protection. You can ask any question and discuss about LimeFx Broker with other traders. State-of-the-art price aggregation & execution technology and premium connectivity with expert 24-hour support. Type 0 – in pips, Type 1 – in the symbol base currency, Type 2 – by interest, Type 3 – in the margin currency.

Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service. Your account type should reflect your trading limefx style, goals, and means. For instance, if you want to use scalping or intraday trading strategies, which usually involve getting in and out of trades frequently, consider opening an account without any fixed commissions. Conversely, day and position traders tend to place fewer trades that run for longer and are, therefore, likely to be more concerned with their spread rates.

Contacting Customer Support

The recorded spreads on a Classic LimeFx account are low-to-medium compared to the broader industry. Its competitiveness is further bolstered by the fact that there are no commissions. It should also be pointed out that despite some minor exceptions, there were no major discrepancies in the spreads recorded between the AM and PM sessions. This is demonstrative of LimeFx’s steady liquidity supply, which, in turn, diminishes the risk of negative slippage. Not all regulators mandate adherence to the same safety guidelines, meaning that traders are likely to enjoy different degrees of protection depending on where their broker is being regulated. Generally speaking, offshore regulators tend to have more lax requirements, making it easier for brokers to obtain a license.

This can be explained by the fact that U.S. markets remain closed during the European open, which is why it is normal for sizable spread imbalances to be observed on such instruments at such times. Essentially, the negative balance protection policy ensures that a trader’s losses cannot exceed their account balance. Keeping client funds in separate bank accounts from the ones used for the broker’s own capital is crucial for preventing accounting errors. When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers.

The representative advised that our account had been approved within less than one hour, rather than 1-3 working days, so maybe following this course of action will work for other eager new users as well. There are also ‘Contact Us’ details clearly laid out so that those opening accounts can contact the team via LiveChat, phone or email if they require additional support. The first page of the registration process at LimeFx includes a neat overview of the process and a summary of the documentation required to complete the process.

LimeFx clients are offered the opportunity of trading in more than 85 instruments that mostly include currency pairs along with stock, CFDs, bonds, precious metals, and indices. Investors from across the world join LimeFx to conduct trading in global forex, stock CFDs, stocks, and cryptocurrencies. LimeFx allows copy trading, limefx forex broker demo account trading, and social trading as well. What makes the broker forum of LimeFx better than other top forex brokers in the market is the low commission fees that the brokers charge for their services. The low commission fees help the users minimize the transaction cost irrespective of their trading strategy.

The acuity trading tool also conducts extensive analysis of price movements to provide the traders access with market alerts to enable lucrative business. The Linear Second feature of the tool provides the traders with a dynamic visual representation of the bullish or bearish market condition in real-time. The toolkit of advanced trading at LimeFx provides every professional trader with an extensive range of trading instruments to level up profitability. There are more than 15 technical indicators and 13 applications available at the disposal of the clients for comprehensive market assessment and sharing services in asset trading. Traders are allowed to open three different LimeFx account types.